Headline CPI inflation against Urban Food CPI inflation, the closest published proxy for food-price pressure (SBP publishes Urban and Rural food CPI separately — there is no single National Food CPI series).
Headline CPI inflation against Urban Food CPI inflation, the closest published proxy for food-price pressure (SBP publishes Urban and Rural food CPI separately — there is no single National Food CPI series).
▸Headline CPI rose 21.2% over the selected period — from 9.66% to 11.70%.
▸Urban Food Inflation fell 41.1% over the selected period — from 11.03% to 6.50%.
▸Over this period, Headline CPI and Urban Food Inflation moved closely together, moving in the same direction (correlation coefficient: 0.96).
Sources: SBP EasyData
Food makes up a large share of household spending in Pakistan, especially for lower-income groups — tracking food inflation specifically shows how much of the headline number is being driven by food prices versus everything else.
Why "Urban" food inflation and not a national figure?
SBP's EasyData platform publishes food CPI inflation separately for urban and rural areas only — there is no single national food CPI series to pair with headline inflation, so this uses the verified Urban series rather than estimating a blended national figure.
Related Comparisons